EPISODE · Aug 7, 2020 · 24 MIN
007 | Budgeting for Lifestyle Freedom and Financial Independence
from Personal Finance for Lawyers · host Rho Thomas
Many lawyers believe they don't need to budget, but that's a big mistake. Yes, a larger income gives you more wiggle room in your spending, but it also allows for much bigger mistakes. When you're trying to achieve goals like financial independence and lifestyle freedom, one of the major keys is being intentional with your money, which starts with budgeting. So we'll talk about what a budget is why lawyers and other high-income earners absolutely need a budget tips for getting started with your budget different budgeting styles and whether you really need a budget (spoiler: yes!) Visit https://www.rhothomas.com/7 for the full episode show notes.
What this episode covers
Many lawyers believe they don't need to budget, but that's a big mistake. Yes, a larger income gives you more wiggle room in your spending, but it also allows for much bigger mistakes. When you're trying to achieve goals like financial independence and lifestyle freedom, one of the major keys is being intentional with your money, which starts with budgeting. So we'll talk about what a budget is why lawyers and other high-income earners absolutely need a budget tips for getting started with your budget different budgeting styles and whether you really need a budget (spoiler: yes!) Visit https://www.rhothomas.com/7 for the full episode show notes.
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007 | Budgeting for Lifestyle Freedom and Financial Independence
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